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Mixed-Use Building with Established Business

781 Madison Ave, Albany, NY

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For Sale

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Two-story building with retail and residential units in Albany.

Type:RETAIL

Property size:

4,700 SF

Lot size:

0.06 Acres

Price / SF:

$119/SF

HighLights

Includes a dry cleaning business with FF&E and a mixed‑use building with two apartments.
Two 2‑bedroom apartments on the second floor generate rental income ($850 each) with separate utilities.
Dry cleaning business on the first floor is 1560 sq ft and in excellent/clean condition.
Corner lot location in the Pine Hills area.
Located on the bus line.
Building is well‑maintained despite its age.

We can help!

Listing Contact

Philip Sabatino

For Sale

Contact for pricing

Two-story building with retail and residential units in Albany.

Type:RETAIL

Property size:

4,700 SF

Lot size:

0.06 Acres

Price / SF:

$119/SF

Added:: Feb 17, 2023
Days on Market:: 1213
Last Refresh:: May 20 at 9:33 pm

Property Features for 781 Madison Ave

General Information

Standard status: Active
Size: 4,700 SF
Lot size: 0.06 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Philip Sabatino

Listing agent Philip Sabatino License #10401299525

Listing office Hanna Commercial Real Estate | Capital Region, NY

Listing date Feb 17, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial Real Estate | Capital Region, NY

HighLights

Includes a dry cleaning business with FF&E and a mixed‑use building with two apartments.
Two 2‑bedroom apartments on the second floor generate rental income ($850 each) with separate utilities.
Dry cleaning business on the first floor is 1560 sq ft and in excellent/clean condition.
Corner lot location in the Pine Hills area.
Located on the bus line.
Building is well‑maintained despite its age.

Overview

This two-story mixed-use building is situated on a corner lot in the Pine Hills area, conveniently located on the bus line. The first floor features a 1,560-square-foot dry cleaning business in excellent condition. The asking price includes the dry cleaning business, its furniture, fixtures, and equipment, in addition to the building itself. The second floor contains two apartments, each with two bedrooms, that generate rental income of $850 each. Each apartment has separate utilities. The building has been well-maintained despite its age. The property size is 4,700 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Towne Cleaners (Bike/Boat/Book/etc) Store Albany Dependable Dumpsters Waste Management Facility

Suggested Use

Location Insight

Map
Local Demand

City: Albany
County: Albany
State: New York
Longitude: -73.7798
Latitude: 42.6597

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For sale
Retail space
NY
Albany
781 Madison Ave

What type of property is this?

Retail space - Two-story building with retail and residential units in Albany.

Where is this retail space located?

The property is located at 781 Madison Ave Albany, NY.

What is the asking price?

The asking price for this property is $560,991.

What are key features of this property?

This property features: Includes a dry cleaning business with FF&E and a mixed‑use building with two apartments.; Two 2‑bedroom apartments on the second floor generate rental income ($850 each) with separate utilities.; Dry cleaning business on the first floor is 1560 sq ft and in excellent/clean condition.

781 Madison Ave, Albany, NY

Two-story building with retail and residential units in Albany.

Property Features for 781 Madison Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Iconic Albany Restaurant and Pub

Established Delicatessen Business For Sale

Automotive Service Business for Sale

Automotive Service and Workshop

Mixed-Use Auto Repair Property

Albany Flex Industrial Building

Flexible Office Building with Gated Parking

Mixed-Use Property in Center Square

Historic Church and Parish Hall

Versatile Commercial Property on Central Avenue

Mixed-Use Building with Retail Frontage

Albany Commercial Property For Sale

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